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<p>[QUOTE="KSorbo, post: 3975603, member: 56370"]I took a look at this seller’s completed sales and am fascinated by the terminology he uses to sell 4 and 5 figure coins. Are there really people out there with that kind of money to spend who haven’t done the most basic due diligence? I could see someone buying a common Morgan or Walker described as “closely uncirculated” or “highly uncirculated”, but a Gobrecht Dollar or a Carson City double eagle? Wow. The mere thought of buying a coin like that raw scares me even if it was described in proper numismatic terms. I’ve always associated beginners with low dollar coins, but I guess I shouldn’t be surprised that there are gullible people at every price point.</p><p><br /></p><p>I’ll admit I’m not sure whether the realized prices are for problem coin money, and if so perhaps a knowledgeable person could have scored a deal. The whole presentation just strikes me as odd, sort of like shopping for a Rolex at KMart and hoping it comes up on a blue light special.</p><p><br /></p><p>The screen shot below is what I’m talking about.</p><p><br /></p><p><br /></p><p>[ATTACH=full]1046312[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 3975603, member: 56370"]I took a look at this seller’s completed sales and am fascinated by the terminology he uses to sell 4 and 5 figure coins. Are there really people out there with that kind of money to spend who haven’t done the most basic due diligence? I could see someone buying a common Morgan or Walker described as “closely uncirculated” or “highly uncirculated”, but a Gobrecht Dollar or a Carson City double eagle? Wow. The mere thought of buying a coin like that raw scares me even if it was described in proper numismatic terms. I’ve always associated beginners with low dollar coins, but I guess I shouldn’t be surprised that there are gullible people at every price point. I’ll admit I’m not sure whether the realized prices are for problem coin money, and if so perhaps a knowledgeable person could have scored a deal. The whole presentation just strikes me as odd, sort of like shopping for a Rolex at KMart and hoping it comes up on a blue light special. The screen shot below is what I’m talking about. [ATTACH=full]1046312[/ATTACH][/QUOTE]
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